Associate, EM Rates Trading
London, GB, E14 5HQ
Some careers shine brighter than others.
If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
HSBC Global Banking and Markets is an emerging markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.
HSBC Market & Securities Services provides comprehensive global, regional and domestic fund services including fund administration, global custody and sub-custody settlement and services. Securities Lending Operations is a dynamic department that works with partners across the HSBC Global Banking and Markets business to deliver Securities Lending solutions to clients.
As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.
This Associate, Emerging Market (EM) Rates position will have with a primary focus on CEEMEA EM rates Markets, maintain a thorough knowledge of the product area including market liquidity and volatility, pricing and trading strategies and ensure all trades are accurately booked. You will plan to deliver relevant revenue, hit ratio and return targets set by senior leadership.
In this role you will:
- Provides timely and accurate execution of EM rates trades for the Bank’s targeted clients in assigned area. -
- Effectively maintains various risk positions whilst adhering to the Bank’s risk appetite
- Ensures correct ticket entry and order routing, maintains communication with sales desk and assists in resolving any settlement problems, ensures ticket entry completion and provides general trade support, as necessary. - Provides pricing to sales force and clients in line with the Bank’s policies
- Ensures all trades are booked to front office position keeping system in accordance with internal policy and regulatory requirements.
- Be a valued member of the global GFX team.
To be successful you should meet the following requirements:
- Demonstrable evidence of Emerging Markets Rates trading experience, coupled with detailed knowledge of all aspects of the business’ trading area.
- Must have a thorough knowledge of derivative and yield curve valuations.
- Able to understand and manage complex and diverse instruments and any associated pricing models used in the Emerging Markets and Investment Banking industry. - Ability to multi-task and to work well under pressure, strong problem-solving and decision-making skills.
- Excellent verbal and written communication skills, with very strong analytical skills.
- High levels of stakeholder management to influence complex and diverse scenarios through articulate communication.
This role is based in London.
Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.
If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk:
Email: hsbc.recruitment@hsbc.com
Telephone: +44 207 832 8500